SANTA CLARA, Calif.--(BUSINESS WIRE)--Intel Corporation announced that the upside trigger on its 2.95 percent
junior subordinated convertible debentures, which were issued in 2005
and are due 2035 (CUSIP No. 458140AD2) (the "Notes"), has been met for
the six-month interest payment period from June 15, 2017 to Dec. 15,
2017. As a result, contingent interest will be paid on the Notes for
that six-month interest payment period. Contingent interest of
approximately $4 million in the aggregate on the $1.6 billion
outstanding principal amount of the Notes, or approximately $2.50 per
$1,000 principal amount of the Notes, will be paid on Dec. 15, 2017, to
the holders of record as of Dec. 1, 2017.

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